Question 2.1.51 Extra field in the schema

We are an Organised Market Place and we would like to flag wash trades in our REMIT transaction reporting of Table 1. Could the Agency provide some guidance?

Answer

In the Agency’s view, Organised Market Places aiming to flag wash trades in their REMIT transaction reporting can use the field “Extra” in schema REMITTable1_V1.xsd,  REMITTable1_V2.xsd and REMITTable1_V3.xsd as indicated below:

Schema Table 1_V1:

<Extra>WashTradeFlag_Yes</Extra>

Schema Table 1_V2:

<Extra>WashTradeFlag==Yes; WashTradeFlag ==Yes;</Extra>

Schema Table 1_V3:

<Extra>WashTradeFlag==Yes</Extra>

Please note that, schema Table 1_V3 allows the patterns of reporting for Schema Table 1_V2 but can also be used without having to report a second key==value pair.